>
> However, it is my understanding the the DOE allows the 8% indirect cost
> recovery rate to be charged on all direct costs with no exclusions.
>
> Am I right or wrong?

From what I understand, that used to be the case until Novmeber 1994 when
ED said that the 8% training rate should be applied to a modified total
direct cost base (which does not include stipends, tuition, and capital
expenditures of $5,000 or more).

Furthermore, we can no longer use unrecovered indirect costs
associated with training grants or grants with restricted indirect cost
rates to satisfy matching or cost-sharing requirements.

The final rule was published in the Federal Register on Nov 17, 1994
(p. 59578-59584).

Mike

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 {=>
 Michael Ludwick                                    / \
 Associate Director of Sponsored Programs ___  __   |o|   __  ___
 Grants and Research Administration    ___| |__||___| |___||__| |___
 College of William and Mary          /                             \
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 Williamsburg, VA  23187-8795        |   # # # # # / # \ # # # # #   |
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 phone: 804/221-3485                 |             | H |             |
 fax:   804/221-4910                 |_____________=====_____________|

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